Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive

Cointelegraph

Published Mar 29, 2021 05:18PM ET

Updated Mar 30, 2021 07:40PM ET

Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has been limited by the high transaction costs on the Ethereum (ETH) network.

As a result, yield farmers have begun exploring options outside the Ethereum network for more accessible opportunities in a low fee environment.

Flamingo finance total liquidity and 24-hour volume. Source: Flamingo Finance
Liquidity pool staking rates on Flamingo Finance. Source: Flamingo Finance

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